PREIT
PREIT is a privately held real estate investment trust that owns and develops shopping centers, primarily in the Mid-Atlantic region.
Founded in 1960, it focuses on transforming traditional malls into mixed-use, community-centric hubs. PREIT emerged from its second bankruptcy in 2024 and is now privately owned.
Address: 2005 Market Street, Suite 1120, Philadelphia, PA 19103
Phone: (215) 875-0700
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PREIT Brings New Entertainment Options to Its Plymouth Meeting and Willow Grove Park Malls
PREIT has recently added around 80,000-square-feet of new entertainment options to its properties, including Plymouth Meeting Mall and Willow Grove…
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Plymouth Meeting Mall Owner Expects to Benefit from Amazon’s Acquisition of Whole Foods
Pennsylvania Real Estate Investment Trust has welcomed the news that Amazon is acquiring Whole Foods for $13.7 billion, writes Suzette…
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PREIT Looking to Sell Less Profitable Malls to Strengthen Portfolio Quality
Pennsylvania Real Estate Investment Trust, owner of Willow Grove and Plymouth Meeting malls, is looking to sell two of its…
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Two New Entertainment Retailers Coming to Plymouth Meeting Mall
Plymouth Meeting Mall will soon have even more entertainment options as live-action event organizer 5 Wits and indoor cycling venue…
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Will LEGOLAND Breath New Life Into Plymouth Meeting Mall?
Friday’s grand opening of the new LEGOLAND Discovery Center at Plymouth Meeting Mall was a hit with visitors who were eager…
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J.C. Penney and Uniglo at Willow Grove Park Mall to Close
Pennsylvania Real Estate Investment Trust has been hit by the announcement of several store closures, including the J.C. Penney and…
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Two Montgomery County Malls Now Offer Amazon Lockers
Two Montgomery County malls, now offer visitors the chance to pick up their packages or drop off return items with…
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Retail Landlords Offering Innovative Enticements to Attract New Tenants
With the race to attract new retail tenants becoming fiercer, many landlords including the King of Prussia Town Center developer…
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Negotiations with New Tenants for Plymouth Meeting Macy’s Store in Motion
PREIT’s hard work to find a replacement for Plymouth Meeting Macy’s store seems to have paid off, writes Suzette Parmley…
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Malls Like Plymouth Meeting Looking to Replace Traditional Anchor’s with New Offerings
Many malls such as Plymouth Meeting are looking at ways to replace giant chains such as Macy’s and Sears as…
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PREIT Keeps Willow Grove Mall on the Cutting Edge
The owner of suburban Philly’s Willow Grove Park Mall and Exton Square Mall in Chester County is redefining the mall…
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Plymouth Meeting, Willow Grove Park Malls Offer Amazon Lockers
The Plymouth Meeting Mall and Willow Grove Park Mall are now offering customers the chance to use Amazon’s latest innovation,…
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